Ohio Revised Code
Chapter 2337 | Uniform Foreign-Money Claims Act
Section 2337.04 | Determining Money of Claim.

Effective: July 20, 1994
Latest Legislation: House Bill 292 - 120th General Assembly
(A) The money in which the parties to a transaction have agreed that payment is to be made is the proper money of the claim for payment.
(B) If the parties to a transaction have not otherwise agreed, the proper money of the claim, as in each case may be appropriate, is the money:
(1) Regularly used between the parties as a matter of usage or course of dealing;
(2) Used at the time of a transaction in international trade, by trade usage or common practice, for valuing or settling transactions in the particular commodity or service involved; or
(3) In which the loss was ultimately felt or will be incurred by the party claimant.

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